Sumitomo Mitsui Financial Group

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Stanchart to take over Sumitomo Mitsui arm

Standard Chartered Bank India is understood to be taking over the operations of Japanese Sumitomo Mitsui Banking Corporation in India. Though a Standard Chartered spokesperson declined to comment......

Japan's Sumitomo to buy 4.5% in Kotak Bank

Japan's Sumitomo Mitsui Banking Corporation on Wednesday announced that it would invest Rs 1,366 crore (Rs 13.66 billion) for a 4.5 per cent stake in private sector lender Kotak Mahindra Bank. The......

Citigroup to hold fast in China and India

The head of Citigroup's Asian operations ruled out selling the US group's stakes in Chinese and Indian banks.Ajay Banga, chief executive of Citi in Asia-Pacific, told the FT that the bank, which......

Japanese merger creates world's largest bank

Japan's Mitsubishi Tokyo Financial Group and UFJ Holdings said on Thursday that they have clinched a deal to create the world's largest bank by October 1, 2005.The merged entity -- Mitsubishi UFJ......

Reliance Cap partners Sumitomo, Nippon for bank foray

Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed......

Rediff News

Sumitomo Mitsui Financial Group

News for Sumitomo Mitsui Financial Group

Stanchart to take over Sumitomo Mitsui arm

Japan's Sumitomo to buy 4.5% in Kotak Bank

Citigroup to hold fast in China and India

Japanese merger creates world's largest bank

Reliance Cap partners Sumitomo, Nippon for bank foray

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